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First Trust AlphaDEX US Health Care Sector Index ETF FHH.TO
FHH.TO Shariah Compliance
Screening Methodology: AAOIFI
As of September 2026, First Trust AlphaDEX US Health Care Sector Index ETF is classified as not halal.
NOT HALAL
Is First Trust AlphaDEX US Health Care Sector Index ETF Halal?
Shariah Compliance Analysis of FHH.TO ETF
No. As of September 2026, First Trust AlphaDEX US Health Care Sector Index ETF (FHH.TO) is classified as NOT HALAL by Musaffa under its AAOIFI-based Shariah screening methodology. First Trust AlphaDEX US Health Care Sector Index ETF does not pass Musaffa's business and financial screening criteria.
FHH.TO was created on 2014-10-29 by First Trust. The fund's investment portfolio concentrates primarily on health care equity. The ETF currently has 5.0m in AUM and 74 holdings. The fund tracks a tiered, equal-weighted index of large- and mid-cap US health care companies. Holdings are selected and weighted based on various growth and value criteria.
First Trust AlphaDEX US Health Care Sector Index ETF (FHH.TO) Chart
Key Statistics of First Trust AlphaDEX US Health Care Sector Index ETF (FHH.TO)
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-FAQ's for First Trust AlphaDEX US Health Care Sector Index ETF (FHH.TO)
- As of September 2026, First Trust AlphaDEX US Health Care Sector Index ETF FHH.TO is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
- An ETF is considered Shariah-compliant if its underlying assets consist primarily of companies that operate in permissible business activities and meet Islamic financial screening thresholds. Musaffa analyzes First Trust AlphaDEX US Health Care Sector Index ETF using these criteria to determine its compliance status.
- The Shariah compliance status of First Trust AlphaDEX US Health Care Sector Index ETF may be updated periodically when new portfolio disclosures, financial statements of underlying companies, or other relevant information becomes available.
- Yes. An ETF that is currently Shariah-compliant may become non-compliant if its underlying holdings change or if the financial ratios of the companies within the fund exceed Shariah thresholds.
- You can check the latest Shariah compliance status of First Trust AlphaDEX US Health Care Sector Index ETF on Musaffa’s ETF page, where screening results and key indicators are updated to help Muslim investors make informed decisions.
